Ethereum Active Address Witness A Bullish Trend


In the last 2 days Ethereum has surged almost 8% hitting above $2500.

As per on-chain metrics firm Santiment, Ethereum’s active addresses have remained bullish along with positive price movements. Suggesting possible uptrend.

Santiment also reported decreased whale transactions in a year, suggesting large players are waiting for further developments in war & inflation

It is also to be noted that ETH builder, ConsenSys is planning to convert $450 million to ETH, the one which it raised in Series D funding recently